Business, 08.04.2020 05:05 Sillydork6872

A zero-investment portfolio with a positive alpha could arise if: a. The expected return of the portfolio equals zero. b. The capital market line is tangent to the opportunity set. c. The Law of One Price remains unviolated. d. A risk-free arbitrage opportunity exists.

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A zero-investment portfolio with a positive alpha could arise if: a. The expected return of the port...

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